UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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Item 8.01. Other Events.
As previously reported on a Current Report on Form 8-K of Bitmine Immersion Technologies, Inc. (the “Company”) dated June 10, 2025, the Company closed a public offering on June 6, 2025 (the “Offering”) for 2,250,000 shares of its Common Stock at a public offering price of $8.00 per share. In addition, the Company granted ThinkEquity LLC (the “Underwriter”) a 45-day over-allotment option to purchase up to 337,500 additional shares of Common Stock (the “Overallotment Option”) at a price of $7.40 per share (92.5% of the public offering price of $8.00 per share).
On July 1, 2025, the Underwriter provided notice to the Company that it had elected to fully exercise the Overallotment Option. The Underwriter’s exercise of the Overallotment Option closed on July 2, 2025, resulting in gross proceeds of approximately $2,700,000 to the Company.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| Bitmine Immersion Technologies, Inc. | ||
| Dated: July 2, 2025 | By: | /s/ Jonathan Bates |
| Name: | Jonathan Bates | |
| Title: | Chief Executive Officer | |
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